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Domestic News
April 19, 1903
San Antonio Daily Light
San Antonio, Bexar County, Texas
What is this article about?
Secretary Shaw is satisfied with the success of his government bond refunding offer, receiving nearly $30,000,000 in 3 and 4 percent bonds and issuing equivalent 2 percent bonds of 1900 to boost national bank circulation.
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SHAW IS SATISFIED.
His Offer to Refund Government Bonds
Seems to Be a Success.
Special to The Sunday Light.
Washington, D. C., April 18.-Despite
statements to the contrary, Secretary
Shaw is well satisfied with the results
of his refunding offer. While he has
not yet received anything like the
limit of bonds named in his circular,
enough have come in to insure suc-
cess of the venture, and to provide
further facilities for a big increase in
the national bank circulation, which
was what the secretary wished to
bring about. Up to date, he has re-
ceived nearly $30,000,000 of 3 and 4
per cent bonds, for which he has is-
sued 2 per cent bonds of 1900 of the
same value.
His Offer to Refund Government Bonds
Seems to Be a Success.
Special to The Sunday Light.
Washington, D. C., April 18.-Despite
statements to the contrary, Secretary
Shaw is well satisfied with the results
of his refunding offer. While he has
not yet received anything like the
limit of bonds named in his circular,
enough have come in to insure suc-
cess of the venture, and to provide
further facilities for a big increase in
the national bank circulation, which
was what the secretary wished to
bring about. Up to date, he has re-
ceived nearly $30,000,000 of 3 and 4
per cent bonds, for which he has is-
sued 2 per cent bonds of 1900 of the
same value.
What sub-type of article is it?
Economic
What keywords are associated?
Secretary Shaw
Government Bonds
Refunding Offer
National Bank Circulation
Bond Exchange
What entities or persons were involved?
Secretary Shaw
Where did it happen?
Washington, D. C.
Domestic News Details
Primary Location
Washington, D. C.
Event Date
April 18
Key Persons
Secretary Shaw
Outcome
received nearly $30,000,000 of 3 and 4 per cent bonds; issued 2 per cent bonds of 1900 of the same value; insures success and provides for increase in national bank circulation.
Event Details
Secretary Shaw's refunding offer for government bonds has been successful despite contrary statements; enough bonds received to achieve the goal of increasing national bank circulation.